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Warranty Deed for Parents to Child with Reservation of Life Estate North Dakota Form

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Warranty Deed for Parents to Child with Reservation of Life Estate North Dakota Form

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Today's question has to do with creditor claims and real estate the reader asked can creditors put a lien on our mother's house from one of our siblings whose name is on the deed and owes creditors but has passed one of our siblings who was listed on the deed of our mother's house has passed a owes substantial amount of medical and other debt could they put a lien on her portion of the house even though she is deceased so it sounds like the mother put her children on the name of her deed of her current home but the mother's still alive now this is unfortunately a very common estate planning technique where the parents try to avoid probate on their death by adding the children to the deed while they are alive the reason I often warn against this is exactly what's going on here if you put your children on the name of the deed now they become current co-owners of the property that means if they have creditor issues and the creditor goes looking for

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